The World Bank Implementation Status & Results Report Indonesia Second Power Transmission Development Project (P123994) Indonesia Second Power Transmission Development Project (P123994) EAST ASIA AND PACIFIC | Indonesia | Energy & Extractives Global Practice | IBRD/IDA | Investment Project Financing | FY 2014 | Seq No: 11 | ARCHIVED on 19-Jun-2019 | ISR36563 | Implementing Agencies: PT PLN, Republic of Indonesia Key Dates Key Project Dates Bank Approval Date: 08-Jul-2013 Effectiveness Date: 26-Mar-2014 Planned Mid Term Review Date: 01-Apr-2016 Actual Mid-Term Review Date: 01-Apr-2016 Original Closing Date: 31-Dec-2018 Revised Closing Date: 31-Dec-2019 pdoTable Project Development Objectives Project Development Objective (from Project Appraisal Document) The development objective of the proposed project is to meet growing electricity demand and increase access to electricity in the Project Area through strengthening and expanding the capacity of the power transmission networks in the Project Area in a sustainable manner. Has the Project Development Objective been changed since Board Approval of the Project Objective? Yes Board Approved Revised Project Development Objective (If project is formally restructured) The development objective of the project is to meet growing electricity demand in the Project Area through strengthening and expanding the capacity of the power transmission networks in the Project Area in a sustainable manner. Components Table Name Subcomponent 1.1: Extension and rehabilitation of transmission substations and construction of new transmission substations under Group 1:(Cost $50.00 M) Subcomponent 1.2: Extension and rehabilitation of transmission substations and construction of new transmission substations under Group 2:(Cost $87.60 M) Overall Ratings Name Previous Rating Current Rating Progress towards achievement of PDO Moderately Satisfactory Moderately Satisfactory Overall Implementation Progress (IP) Moderately Satisfactory Moderately Satisfactory Overall Risk Rating Substantial Substantial Implementation Status and Key Decisions The second restructure of the project was completed and given effect on May 29, 2019, following the receipt of the countersigned third amendment to the loan agreement by the Indonesia Ministry of Finance. 6/24/2019 Page 1 of 5 The World Bank Implementation Status & Results Report Indonesia Second Power Transmission Development Project (P123994) The restructure involved: partial cancellation of an additional $22 million off the IBRB loan; adjustment of Project Development Objective (PDO) to remove the reference to “improving access”; and amendment of the project’s indicators and targets to better reflect the reduced scope of activities and its planned deliverables. In the five months since the last mission in December 2018, there has been substantial progress in physical construction of the Group 2 substations that are financed under the loan. Four out of 18 substations in Group 2 have been energized, with nearly all the other Group 2 substations funded under the loan at advanced stages of construction and planned to be energized in the period of May to July 2019. Civil works are largely completed, transformers and switchgear are on site, and electrical installation, testing and commissioning underway. Risks Systematic Operations Risk-rating Tool Risk Category Rating at Approval Previous Rating Current Rating Political and Governance -- Moderate Moderate Macroeconomic -- Moderate Moderate Sector Strategies and Policies -- Moderate Moderate Technical Design of Project or Program -- Low Low Institutional Capacity for Implementation and Sustainability -- Substantial Substantial Fiduciary -- Moderate Moderate Environment and Social -- Moderate Moderate Stakeholders -- Low Low Other -- -- -- Overall -- Substantial Substantial Results PDO Indicators by Objectives / Outcomes Electricity sales growth IN00710164 ►Electricity Sales in project areas for Group 1 (Gigawatt-hour (GWh), Custom) Baseline Actual (Previous) Actual (Current) End Target Value 10,000.00 13,042.52 13,493.47 16,000.00 Date 31-Dec-2012 31-May-2018 31-Dec-2018 31-Dec-2019 IN00710276 ►Growth in electricity sales in project areas for Group 2 in Java-Bali (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target 6/24/2019 Page 2 of 5 The World Bank Implementation Status & Results Report Indonesia Second Power Transmission Development Project (P123994) Value 100.00 128.00 131.20 117.50 Date 31-Dec-2012 31-May-2018 31-Dec-2018 31-Dec-2019 IN00710278 ►Growth in electricity sales in project areas for Group 2 in East Indonesia (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 100.00 147.65 155.14 120.00 Date 31-Dec-2012 31-May-2018 31-Dec-2018 31-Dec-2019 IN00710280 ►Growth in electricity sales in project areas for Group 2 in West Indonesia (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 100.00 134.55 143.01 120.00 Date 31-Dec-2012 31-May-2018 31-Dec-2018 31-Dec-2019 Overall Comments PDO All PDO Indicator end targets unchanged from levels set in the December 2017 project restructuring -- including "Growth in electricity sales in project areas for Group 2 in West Indonesia", whose end target remains 120% by 31-Dec-2019. The current energy sales data is for the calendar year ending 31 December 2018. Intermediate Results Indicators by Components Procurement and contract completion IN00710165 ►Progress in Procurement and Contract Completion - Group 1 (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 100.00 100.00 100.00 Date 03-Jun-2013 14-Nov-2017 10-May-2019 31-Dec-2019 IN00710277 ►Progress in Procurement and Contract Completion - Group 2 (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 75.00 75.00 100.00 Date 03-Jun-2013 14-Nov-2017 10-May-2019 31-Dec-2019 IN00710279 ►Commissioned capacity of transformer substations - Group 1 (Kilovolt-Amphere(KVA), Custom) 6/24/2019 Page 3 of 5 The World Bank Implementation Status & Results Report Indonesia Second Power Transmission Development Project (P123994) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 1,690,000.00 2,010,000.00 2,010,000.00 Date 31-Dec-2012 22-May-2018 10-May-2019 31-Dec-2019 All of the Group 1 substation capacity, totaling 2010 MVA, was energized in either 2017 or 2018. Comments: IN00710281 ►Commissioned capacity of transformer substations - Group 2 (Kilovolt-Amphere(KVA), Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 480,000.00 2,290,000.00 Date 03-Jun-2013 22-Nov-2017 31-May-2019 31-Dec-2019 Overall Comments IR Group 1 contracts are in the final stages of being closed out, with all the targeted substation capacity energized. Group 2 contracts -- while 4 out of 18 substations under Group 2 have now been energized, and the remainder (excluding Poncol Baru II) are scheduled to be energized by the end of July 2019, there is a risk of further slippage in the planned schedule, which if it eventuates could negatively affect the achievement of the PDO, given the project closing date of December 31, 2019. Data on Financial Performance Disbursements (by loan) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed P123994 IBRD-82800 Effective USD 325.00 137.60 187.40 78.90 58.70 57% Key Dates (by loan) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date P123994 IBRD-82800 Effective 08-Jul-2013 28-Aug-2013 26-Mar-2014 31-Dec-2018 31-Dec-2019 Cumulative Disbursements 6/24/2019 Page 4 of 5 The World Bank Implementation Status & Results Report Indonesia Second Power Transmission Development Project (P123994) Restructuring History Level 2 Approved on 15-Apr-2018 ,Level 2 Approved on 10-Apr-2019 Related Project(s) There are no related projects. 6/24/2019 Page 5 of 5